If you came here because "Binance lets you mine new tokens for free," but you opened the app, poked around for ages, couldn't find the entry, and got lost in words like "stake," "rewards," and "settlement" — this one's for you. In the real order you'd actually do it, from where you tap to how you put money in and how you get out, we walk through it step by step. By the end you'll be able to run it yourself.
Launchpool is the easiest of Binance's four new-token programs to pick up: you put your coins into a pool, the system hands you a slice of new tokens at fixed intervals, and your principal stays yours and can be pulled out anytime. The mechanics and the why are covered in the full Launchpool guide; this piece is just about the doing.
First, the rules change. The minimum stake, how often it settles, and which coins a given round accepts can differ every time, so this piece pins down no numbers — check the current announcement on Binance's official pages when you take part (checked 2026-06). Second, nothing here is guaranteed profit: a mined token can rise or fall below its listing price, and this isn't investment advice.
01Written for people who've never tried it
A lot of guides assume you already know your way around Binance and open with "go into Launchpool and pick a pool." But what actually stops beginners is earlier than that: the account isn't open, they don't know where the entry is, and they have no feel for how much to stake. So this piece starts very low — we assume you've only heard that "Binance lets you mine new tokens" and know nothing else, and take you from the top.
02Three things to check before you start
Before you tap anything, make sure you have these three. Miss one and you can't take part:
- A Binance account. If you don't have one, register first — it's the first gate, and every new-token program runs through it.
- Identity verification (KYC) done. Launchpool requires a verified account from an eligible region. Without KYC, you can't join the pools. Whether Binance's affiliate program and full service are available depends on where you are — the US, the UK and Canada are the well-known examples where they aren't (examples only, not a full list; it depends on Binance's current terms and your KYC country).
- Coins you can stake. Usually BNB, sometimes stablecoins like FDUSD too; what a given round accepts follows that round's announcement. Whether to stake BNB or FDUSD is a trade-off, covered separately in stake BNB or FDUSD.
If you don't even have an account yet, step one isn't studying pools — it's opening the account and getting through KYC. Picking a pool comes after that.
03Step by step: from entry to earning
With all three in hand, you can begin. Below follows the phone app (the web version works the same way, just with different placement):
Step 1: find the Launchpool entry
Open the Binance app and look for the [More] section on the home screen (usually the last icon in a row of features, or labelled "All"). Tap in and find [Launchpool] under a group like "Earn" or "Finance." You can also just type "Launchpool" into the search bar at the top. Not finding the entry is the first hurdle — more on that below.
Step 2: read the live projects and the pool terms
Once you're on the Launchpool page, you'll see the projects currently running (and maybe some "upcoming" ones). Open a project and it lists the key details for that round: which coins you can stake (a BNB pool, an FDUSD pool, and so on), how long it runs, and when it ends. Read it through before you act.
Step 3: tap [Stake] and enter your amount
Pick the pool you want, tap [Stake] (some versions say "Subscribe" or "Lock" — same thing), enter the amount you plan to put in, and confirm. Once it's in, that stake starts earning its share. Note: "staking" here doesn't lock your coins away — you can pull them out anytime, covered in the unstaking section below.
Step 4: let it settle, new tokens land in spot automatically
After you stake, there's nothing to do. The system works out your share as "your stake ÷ the pool's total stake × the round's release," settling at fixed intervals (how often follows that round's announcement). The tokens drop straight into your spot account, and the running total shows on the Launchpool page. Want a rough figure first? Plug your stake into the rewards estimator and see.
04Want out? How to unstake
This is what beginners worry about most and it's actually the simplest step. Leave whenever you like: go back to the Launchpool page, find the pool you joined, tap [Unstake] (or "Redeem" / "Withdraw"), confirm, and your principal returns to your account.
Two things to understand: first, after you unstake, you stop getting new tokens from the next settlement period on — you took your money out, so naturally you're no longer in the split. Second, everything settled and credited to you before you unstaked stays yours and isn't clawed back on exit. So the "will exiting cost me?" worry is misplaced: you get the principal back and keep what you already mined.
If you just wanted to run the flow, once you've done it you can keep mining or pull out — your call. If the round's nearly over, or you want to move your BNB to something else, unstake anytime. There's no rule that you have to mine a full round.
05Where first-timers get stuck
Here are the few spots people trip on the first time. Knowing them ahead keeps you calm:
1. Can't find the entry for the life of you
The Binance app has so many features that Launchpool sits tucked inside [More], and it's normal for beginners to miss it. The fastest fix is to type "Launchpool" straight into the search bar at the top. The other case is that there simply isn't a live project right now — new projects don't run every day, so the entry can look empty between rounds. If so, check back in a few days.
2. No idea how much to stake
This is the most common sticking point. You see someone's earnings and want to put in more, then fear putting in too much. The standard answer for the first time: stake a small amount you genuinely won't miss. The point isn't to earn much — it's to run the flow and see how the coins arrive. Once you feel steady, scaling up comes later. For which choice is more worthwhile, read BNB or FDUSD alongside the estimator.
3. Fear the principal won't come back
Plenty of people freeze here and won't tap. Once more: Launchpool principal can be unstaked and withdrawn anytime, and joining doesn't deduct it. The real risk is elsewhere — staking BNB means riding BNB's price, and a mined token can fall below its listing price. Those are genuine risks, but they're a different thing from "the principal gets swallowed."
06A few tips for your first run
For a genuine first time, a few practical tips:
- Run the whole flow with a small amount first. Going through "find the entry → stake → wait for settlement → unstake" end to end tells you more than any guide.
- See for yourself what tokens landing looks like. The most valuable thing you get the first time isn't the tokens — it's understanding how "settlement" works and where new tokens show up in your spot account. With that instinct, nothing later fazes you.
- Confirm it's fine before scaling up. Once you've run a round and it makes sense, decide based on your own funds whether to put in more — don't jump straight to someone else's number.
- Get a feel for the other programs while you're at it. Once Launchpool runs smoothly, circle back to how to choose among the four types and judge whether to touch the more involved ones like Megadrop and Alpha.
Launchpool principal can be withdrawn anytime, but that isn't the same as guaranteed profit. Staking BNB means taking on its price swings, and a mined token can fall below its listing price or even go to zero after launch. This piece only covers the steps and is not investment advice. Whether to join and how much to stake is your call, at your own risk.